attrition

Infosys declared its quarter 1 (FY 2023-24) results on July 20, 2023Infosys Q1 Results 2023: The company reported attrition declining further to 17.3%. Infosys Q1 Results: India’s IT major Infosys on Thursday reported a 10.9…

The slowdown in tech spending that’s dented the fortunes of the $245-billion Indian IT industry has hit the 5.1 million people it employs. They’re facing the heat in the form of deferred hikes and reduced variable pay alongside delays in…

Wipro's attrition rate has continued to moderate on a quarter-on-quarter basis.Wipro's net profit jumped 12 per cent year-on-year to Rs 2,870 crore ($349.8 million) during the April-June 2023 quarterAfter TCS and HCL Tech, another IT major…

Tata Consultancy Services added a net 523 employees during the first quarter of FY24, as against 821 in the previous quarter, reflecting a significant slowdown in hiring at the IT major. The company had added over 20,000 employees during…

TCS' total workforce stood at 615,318 as on June 30, 2023, a net addition of 523 during the quarter.TCS has also rolled out its annual salary increase across its workforce, with effect from April 1, 2023Tata Consultancy Services (TCS), the…

Karnataka IT Minister Priyank Kharge | Photo Credit: ARUN KULKARNI Attrition among women employees in tech firms in the country has soared and is at 30% to 40% since December 2022 against the industry’s average attrition of 15%, tweeted…

Hiring leadership talent is getting more and more difficult in India. Even as companies vie for the brightest digital talent, leaders are seeping out of the conventional market, partly in order to enter the startup ecosystem. This is…

India’s top internet firms like Flipkart have been fertile breeding grounds for entrepreneurs who left jobs to start something of their own. Drawing on a record inflow of venture capital in the past decade, 297 founders set up some 253 new…

India's top IT companies are expected to report a dip in headcount in the first quarter of the year ending in June as they continue to grapple with slower client addition amid a tough macroeconomic environment.The hiring squeeze is driven…

India's largest software firm Tata Consultancy Services said it has seen an increase in attrition among women since the company asked employees to return to office.In a note to shareholders in the annual report, Milind Lakkad, HR head of…